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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Carle Place at 14 Sicardi Place, Carle Place, NY, 11514 priced at $935,000 pairs $8,630/mo rent with $2,387/mo cash flow after a $4,576/mo payment. Total monthly income equals $8,630/mo, and annual cash flow comes to $28,639/yr on $307,615 invested. Return on cash invested is 29.37% in year one, and rental yield stands at 11.08% on a $935,000 basis. Equity gained on principal adds $6,033/yr, and 5% annual appreciation accumulates to $258,323 by year five. Five-year ROI measures 154.19% and total cumulative return in cash reaches $474,308. For financing, Ziffy Mortgage’s DSCR program evaluates $8,630/mo property income against a $4,576/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 11514, Carle Place, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,883 (100%) |
| Owner Occupied HU | 1,312 (69.7%) |
| Renter Occupied HU | 487 (25.9%) |
| Vacant Housing Units | 84 ( 4.5%) |
| Median Home Value | $739,699 |
| Average Home Value | $779,566 |
Residential
1,697
Single Family
1,365
Multi-Family
332
Businesses
422
Date | Event | Price |
|---|---|---|
| 2024-08-02 | Price change | $935,000 |
| 2024-07-12 | Listed for sale | $960,000 |
| 2021-08-24 | Sold | $735,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-10 | N/A | N/A | $559 | N/A |
| 2022-08-10 | N/A | N/A | $559 | N/A |
| 2021-08-10 | $9845.99 | 0.37% | N/A | N/A |
What's Special
None
Listed by: Marlene Sicoli • Coldwell Banker American Homes
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3562946
Disclaimer: The data relating to real estate for sale or lease on this web site comes in part from OneKey MLS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the OneKey MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024 OneKey MLS. All rights reserved.
